0
Your cart

Your cart is empty

Browse All Departments
Price
  • R100 - R250 (16)
  • R250 - R500 (65)
  • R500+ (1,320)
  • -
Status
Format
Author / Contributor
Publisher

Books > Science & Mathematics > Mathematics > Optimization > Game theory

Dynamics of Asymmetric Territorial Conflict - The Evolution of Patience (Hardcover, New): U. Resnick Dynamics of Asymmetric Territorial Conflict - The Evolution of Patience (Hardcover, New)
U. Resnick
R2,785 R1,884 Discovery Miles 18 840 Save R901 (32%) Ships in 10 - 15 working days

This book provides a comprehensive study of asymmetric territorial conflict combining game theory, statistical empirical analysis and historiographic analysis. It proposes a model to explain the dynamics of territorial conflict between rivals with a wide disparity in capabilities between them. Using the Israeli-Palestinian conflict as a case study and testing the model on a database of almost four hundred territorial conflicts, Resnick argues that changes in 'patience' - explained by parallel evolutionary processes occurring in the respectively strong and weak societies - underlie the changing behaviour witnessed in such rivalries. Located within the general context of the interplay between material constraints and ideas, the theoretical significance of this model goes beyond the context of territorial conflict and can be seen to provide an explanation for the ideational aspects of power transitions and change in world politics.This book constitutes a significant advance in the literature on territorial conflict, which has increasingly come to be recognized as a key field of enquiry in the discipline of conflict studies and international relations scholarship in general.

Intergovernmental Relations and Economic Management in China (Hardcover): J. Ma Intergovernmental Relations and Economic Management in China (Hardcover)
J. Ma
R2,646 Discovery Miles 26 460 Ships in 18 - 22 working days

This book examines how China's decentralization process has affected and will affect the country's macroeconomic performance and the functioning of the market. With an innovative application of game theory, the author develops an analytical framework that can explain the behaviour of the central and local governments under alternative institutional environments. The study also suggests how to establish desirable rules of games in China's political and economic institutions through appropriate reforms.

The Economic Reason - A Piecemeal Guide to Your Inner Homo Economicus (Hardcover, 1st ed. 2020): Shane Sanders The Economic Reason - A Piecemeal Guide to Your Inner Homo Economicus (Hardcover, 1st ed. 2020)
Shane Sanders
R1,747 Discovery Miles 17 470 Ships in 18 - 22 working days

In a series of conversational essays, this textbook discusses the manner in which economic thought addresses a broad array of everyday issues beyond classical textbook treatments. In the spirit of popular economics books, the author uncovers economic issues and solutions from individuals, businesses, society, and the country as a whole in a decidedly non-technical and relatable manner. Should the federal government mandate use of child safety seats on commercial airlines? Can genetic information substitute for a college degree? The contents of this book touch on many of these contemporary topics in an accessible way. Addressing undergraduate and graduate students, as well as scholars in different fields of economics, this book is a must-read for everybody interested in a better understanding of economic thought.

Jaakko Hintikka on Knowledge and Game-Theoretical Semantics (Hardcover, 1st ed. 2018): Hans van Ditmarsch, Gabriel Sandu Jaakko Hintikka on Knowledge and Game-Theoretical Semantics (Hardcover, 1st ed. 2018)
Hans van Ditmarsch, Gabriel Sandu
R4,412 Discovery Miles 44 120 Ships in 18 - 22 working days

This book focuses on the game-theoretical semantics and epistemic logic of Jaakko Hintikka. Hintikka was a prodigious and esteemed philosopher and logician, and his death in August 2015 was a huge loss to the philosophical community. This book, whose chapters have been in preparation for several years, is dedicated to the work of Jaako Hintikka, and to his memory. This edited volume consists of 23 contributions from leading logicians and philosophers, who discuss themes that span across the entire range of Hintikka's career. Semantic Representationalism, Logical Dialogues, Knowledge and Epistemic logic are among some of the topics covered in this book's chapters. The book should appeal to students, scholars and teachers who wish to explore the philosophy of Jaako Hintikka.

Game Theory and Business Applications (Hardcover, 2nd ed. 2014): Kalyan Chatterjee, William Samuelson Game Theory and Business Applications (Hardcover, 2nd ed. 2014)
Kalyan Chatterjee, William Samuelson
R4,072 Discovery Miles 40 720 Ships in 18 - 22 working days

Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions - from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional "rules of the game" take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.

The Digital Role-Playing Game and Technical Communication - A History of Bethesda, BioWare, and CD Projekt Red (Hardcover):... The Digital Role-Playing Game and Technical Communication - A History of Bethesda, BioWare, and CD Projekt Red (Hardcover)
Daniel Reardon, David Wright
R3,674 Discovery Miles 36 740 Ships in 10 - 15 working days

With annual gross sales surpassing 100 billion U.S. dollars each of the last two years, the digital games industry may one day challenge theatrical-release movies as the highest-grossing entertainment media in the world. In their examination of the tremendous cultural influence of digital games, Daniel Reardon and David Wright analyze three companies that have shaped the industry: Bethesda, located in Rockville, Maryland, USA; BioWare in Edmonton, Alberta, Canada; and CD Projekt Red in Warsaw, Poland. Each company has used social media and technical content in the games to promote players' belief that players control the companies' game narratives. The result has been at times explosive, as empowered players often attempted to co-op the creative processes of games through discussion board forum demands, fund-raising campaigns to persuade companies to change or add game content, and modifications ("modding") of the games through fan-created downloads. The result has changed the way we understand the interactive nature of digital games and the power of fan culture to shape those games.

Frontiers of Dynamic Games - Game Theory and Management, St. Petersburg, 2019 (Hardcover, 1st ed. 2020): Leon A. Petrosyan,... Frontiers of Dynamic Games - Game Theory and Management, St. Petersburg, 2019 (Hardcover, 1st ed. 2020)
Leon A. Petrosyan, Vladimir V. Mazalov, Nikolay A Zenkevich
R2,684 Discovery Miles 26 840 Ships in 18 - 22 working days

This book includes papers presented at the ISDG12-GTM2019 International Meeting on Game Theory, as a joint meeting of the 12th International ISDG Workshop and the 13th "International Conference on Game Theory and Management", held in St. Petersburg in July 2019. The topics cover a wide range of game-theoretic models and include both theory and applications, including applications to management.

The Politics of Mass Killing in Autocratic Regimes (Hardcover, 1st ed. 2019): Bumba Mukherjee, Ore Koren The Politics of Mass Killing in Autocratic Regimes (Hardcover, 1st ed. 2019)
Bumba Mukherjee, Ore Koren
R2,239 Discovery Miles 22 390 Ships in 18 - 22 working days

This book develops a detailed, disaggregated theoretical and empirical framework that explains variations in mass killing by authoritarian regimes globally, with a specific focus on Pakistan, Indonesia, and Malaysia. Using a combination of game-theoretic, statistical, and qualitative approaches, this project explicates when civilians within nondemocratic states will mobilize against the ruling elite, and when such mobilization will result in mass killing. In doing so, it illustrates the important role urbanization and food insecurity historically played, and will continue to play, in generating extreme forms of civilian victimization.

Linear Programming Models and Methods of Matrix Games with Payoffs of Triangular Fuzzy Numbers (Hardcover, 1st ed. 2016):... Linear Programming Models and Methods of Matrix Games with Payoffs of Triangular Fuzzy Numbers (Hardcover, 1st ed. 2016)
Deng-Feng LI
R2,591 R1,825 Discovery Miles 18 250 Save R766 (30%) Ships in 10 - 15 working days

This book addresses two-person zero-sum finite games in which the payoffs in any situation are expressed with fuzzy numbers. The purpose of this book is to develop a suite of effective and efficient linear programming models and methods for solving matrix games with payoffs in fuzzy numbers. Divided into six chapters, it discusses the concepts of solutions of matrix games with payoffs of intervals, along with their linear programming models and methods. Furthermore, it is directly relevant to the research field of matrix games under uncertain economic management. The book offers a valuable resource for readers involved in theoretical research and practical applications from a range of different fields including game theory, operational research, management science, fuzzy mathematical programming, fuzzy mathematics, industrial engineering, business and social economics.

The Berge Equilibrium: A Game-Theoretic Framework for the Golden Rule of Ethics (Hardcover, 1st ed. 2020): Mindia E.... The Berge Equilibrium: A Game-Theoretic Framework for the Golden Rule of Ethics (Hardcover, 1st ed. 2020)
Mindia E. Salukvadze, Vladislav I. Zhukovskiy
R3,135 Discovery Miles 31 350 Ships in 18 - 22 working days

The goal of this book is to elaborate on the main principles of the theory of the Berge equilibrium by answering the following two questions: What are the basic properties of the Berge equilibrium? Does the Berge equilibrium exist, and how can it be calculated? The Golden Rule of ethics, which appears in Christianity, Judaism, Islam, Buddhism, Confucianism and other world religions, states the following: "Behave towards others as you would like them to behave towards you." In any game, each party of conflict seeks to maximize some payoff. Therefore, for each player, the Golden Rule is implemented through the maximization of his/her payoff by all other players, which matches well with the concept of the Berge equilibrium. The approach presented here will be of particular interest to researchers (including undergraduates and graduates) and economists focused on decision-making under complex conflict conditions. The peaceful resolution of conflicts is the cornerstone of the approach: as a matter of fact, the Golden Rule precludes military clashes and violence. In turn, the new approach requires new methods; in particular, the existence problems are reduced to saddle point design for the Germeier convolution of payoff functions, with further transition to mixed strategies in accordance with the standard procedure employed by E. Borel, J. von Neumann, J. Nash, and their followers. Moreover, this new approach has proven to be efficient and fruitful with regard to a range of other important problems in mathematical game theory, which are considered in the Appendix.

Differential Game Theory with Applications to Missiles and Autonomous Systems Guidance (Hardcover): FA Faruqi Differential Game Theory with Applications to Missiles and Autonomous Systems Guidance (Hardcover)
FA Faruqi
R2,813 Discovery Miles 28 130 Ships in 10 - 15 working days

Differential Game Theory with Applications to Missiles and Autonomous Systems explains the use of differential game theory in autonomous guidance and control systems. The book begins with an introduction to the basic principles before considering optimum control and game theory. Two-party and multi-party game theory and guidance are then covered and, finally, the theory is demonstrated through simulation examples and models and the simulation results are discussed. Recent developments in the area of guidance and autonomous systems are also presented. Key features: * Presents new developments and how they relate to established control systems knowledge. * Demonstrates the theory through simulation examples and models. * Covers two-party and multi-party game theory and guidance. * Accompanied by a website hosting MATLAB(R) code. The book is essential reading for researchers and practitioners in the aerospace and defence industries as well as graduate students in aerospace engineering.

Social Collective Intelligence - Combining the Powers of Humans and Machines to Build a Smarter Society (Hardcover, 2014 ed.):... Social Collective Intelligence - Combining the Powers of Humans and Machines to Build a Smarter Society (Hardcover, 2014 ed.)
Daniele Miorandi, Vincenzo Maltese, Michael Rovatsos, Anton Nijholt, James Stewart
R2,466 R1,971 Discovery Miles 19 710 Save R495 (20%) Ships in 10 - 15 working days

The book focuses on Social Collective Intelligence, a term used to denote a class of socio-technical systems that combine, in a coordinated way, the strengths of humans, machines and collectives in terms of competences, knowledge and problem solving capabilities with the communication, computing and storage capabilities of advanced ICT. Social Collective Intelligence opens a number of challenges for researchers in both computer science and social sciences; at the same time it provides an innovative approach to solve challenges in diverse application domains, ranging from health to education and organization of work. The book will provide a cohesive and holistic treatment of Social Collective Intelligence, including challenges emerging in various disciplines (computer science, sociology, ethics) and opportunities for innovating in various application areas. By going through the book the reader will gauge insight and knowledge into the challenges and opportunities provided by this new, exciting, field of investigation. Benefits for scientists will be in terms of accessing a comprehensive treatment of the open research challenges in a multidisciplinary perspective. Benefits for practitioners and applied researchers will be in terms of access to novel approaches to tackle relevant problems in their field. Benefits for policy-makers and public bodies representatives will be in terms of understanding how technological advances can support them in supporting the progress of society and economy.

Mathematics of Casino Carnival Games (Paperback): Mark Bollman Mathematics of Casino Carnival Games (Paperback)
Mark Bollman
R1,732 Discovery Miles 17 320 Ships in 10 - 15 working days

There are thousands of books relating to poker, blackjack, roulette and baccarat, including strategy guides, statistical analysis, psychological studies, and much more. However, there are no books on Pell, Rouleno, Street Dice, and many other games that have had a short life in casinos! While this is understandable - most casino gamblers have not heard of these games, and no one is currently playing them - their absence from published works means that some interesting mathematics and gaming history are at risk of being lost forever. Table games other than baccarat, blackjack, craps, and roulette are called carnival games, as a nod to their origin in actual traveling or seasonal carnivals. Mathematics of Casino Carnival Games is a focused look at these games and the mathematics at their foundation. Features * Exercises, with solutions, are included for readers who wish to practice the ideas presented * Suitable for a general audience with an interest in the mathematics of gambling and games * Goes beyond providing practical 'tips' for gamblers, and explores the mathematical principles that underpin gambling games

Restricted Congruences in Computing (Paperback): Khodakhast Bibak Restricted Congruences in Computing (Paperback)
Khodakhast Bibak
R717 Discovery Miles 7 170 Ships in 10 - 15 working days

Congruences are ubiquitous in computer science, engineering, mathematics, and related areas. Developing techniques for finding (the number of) solutions of congruences is an important problem. But there are many scenarios in which we are interested in only a subset of the solutions; in other words, there are some restrictions. What do we know about these restricted congruences, their solutions, and applications? This book introduces the tools that are needed when working on restricted congruences and then systematically studies a variety of restricted congruences. Restricted Congruences in Computing defines several types of restricted congruence, obtains explicit formulae for the number of their solutions using a wide range of tools and techniques, and discusses their applications in cryptography, information security, information theory, coding theory, string theory, quantum field theory, parallel computing, artificial intelligence, computational biology, discrete mathematics, number theory, and more. This is the first book devoted to restricted congruences and their applications. It will be of interest to graduate students and researchers across computer science, electrical engineering, and mathematics.

Handbook of the Shapley Value (Paperback): Encarnacion Algaba, Vito Fragnelli, Joaquin Sanchez-Soriano Handbook of the Shapley Value (Paperback)
Encarnacion Algaba, Vito Fragnelli, Joaquin Sanchez-Soriano
R2,261 Discovery Miles 22 610 Ships in 10 - 15 working days

Handbook of the Shapley Value contains 24 chapters and a foreword written by Alvin E. Roth, who was awarded the Nobel Memorial Prize in Economic Sciences jointly with Lloyd Shapley in 2012. The purpose of the book is to highlight a range of relevant insights into the Shapley value. Every chapter has been written to honor Lloyd Shapley, who introduced this fascinating value in 1953. The first chapter, by William Thomson, places the Shapley value in the broader context of the theory of cooperative games, and briefly introduces each of the individual contributions to the volume. This is followed by a further contribution from the editors of the volume, which serves to introduce the more significant features of the Shapley value. The rest of the chapters in the book deal with different theoretical or applied aspects inspired by this interesting value and have been contributed specifically for this volume by leading experts in the area of Game Theory. Chapters 3 through to 10 are more focused on theoretical aspects of the Shapley value, Chapters 11 to 15 are related to both theoretical and applied areas. Finally, from Chapter 16 to Chapter 24, more attention is paid to applications of the Shapley value to different problems encountered across a diverse range of fields. As expressed by William Thomson in the Introduction to the book, "The chapters contribute to the subject in several dimensions: Mathematical foundations; axiomatic foundations; computations; applications to special classes of games; power indices; applications to enriched classes of games; applications to concretely specified allocation problems: an ever-widening range, mapping allocation problems into games or implementation." Nowadays, the Shapley value continues to be as appealing as when it was first introduced in 1953, or perhaps even more so now that its potential is supported by the quantity and quality of the available results. This volume collects a large amount of work that definitively demonstrates that the Shapley value provides answers and solutions to a wide variety of problems.

The Foundations of Game Theory (Hardcover): Mary A. Dimand, Robert W. Dimand The Foundations of Game Theory (Hardcover)
Mary A. Dimand, Robert W. Dimand
R28,042 Discovery Miles 280 420 Ships in 10 - 15 working days

This important three volume set is a collection of key writings on game theory published before 1963. It makes many frequently-cited and historically important articles conveniently available to a wider audience. The collection includes comprehensive coverage of the game theoretical writings of von Neumann, Nash and Wald. The editors have written a succinct introduction to accompany the articles.

The Casino, Card and Betting Game Reader - Communities, Cultures and Play (Hardcover): Mark R. Johnson The Casino, Card and Betting Game Reader - Communities, Cultures and Play (Hardcover)
Mark R. Johnson
R4,658 Discovery Miles 46 580 Ships in 10 - 15 working days

Casino games and traditional card games have rich and idiosyncratic histories, complex subcultures and player practices, and facilitate the flow of billions of dollars each year through casinos and card rooms, and between professional players and amateurs. They have nevertheless been overlooked by game scholars due to the negative ethical weight of “gambling” – with such games pathologized and labelled as deviance or mental illness, few look beyond to unpick the games, their players, and their communities. The Casino, Card and Betting Game Reader offers 25 chapters studying the communities playing these games, the distinctive cultures and practices that have emerged around them, their activities and beliefs and interpersonal relationships, and how these games influence – both positively and negatively – the lives and careers of millions of game players around the world. It is the first of a new series of edited collections, Play Beyond the Computer, dedicated to exploring the play of games beyond computers and games consoles.

Fuzzy Graph Theory with Applications to Human Trafficking (Hardcover, 1st ed. 2018): John N. Mordeson, Sunil Mathew, Davender... Fuzzy Graph Theory with Applications to Human Trafficking (Hardcover, 1st ed. 2018)
John N. Mordeson, Sunil Mathew, Davender S. Malik
R4,339 Discovery Miles 43 390 Ships in 10 - 15 working days

This book reports on advanced concepts in fuzzy graph theory, showing a set of tools that can be successfully applied to understanding and modeling illegal human trafficking. Building on the previous book on fuzzy graph by the same authors, which set the fundamentals for readers to understand this developing field of research, this second book gives a special emphasis to applications of the theory. For this, authors introduce new concepts, such as intuitionistic fuzzy graphs, the concept of independence and domination in fuzzy graphs, as well as directed fuzzy networks, incidence graphs and many more.

Economic Dynamics of All Members of the United Nations (Hardcover, 2nd ed. 2014): Ethelbert Nwakuche Chukwu Economic Dynamics of All Members of the United Nations (Hardcover, 2nd ed. 2014)
Ethelbert Nwakuche Chukwu
R3,307 Discovery Miles 33 070 Ships in 10 - 15 working days

This book provides an enduring response to modern economic problems and the consequent crises, dealing with the economic modelling of nations and the forecasting of economic growth. The main arguments embodied constitute the creation of jobs and the restoration of economic growth, using the implicit acceptance of analysis on differential models and neutral systems for controlling the wealth of nations.

Disjunctive Programming (Hardcover, 1st ed. 2018): Egon Balas Disjunctive Programming (Hardcover, 1st ed. 2018)
Egon Balas
R3,348 Discovery Miles 33 480 Ships in 18 - 22 working days

Disjunctive Programming is a technique and a discipline initiated by the author in the early 1970's, which has become a central tool for solving nonconvex optimization problems like pure or mixed integer programs, through convexification (cutting plane) procedures combined with enumeration. It has played a major role in the revolution in the state of the art of Integer Programming that took place roughly during the period 1990-2010. The main benefit that the reader may acquire from reading this book is a deeper understanding of the theoretical underpinnings and of the applications potential of disjunctive programming, which range from more efficient problem formulation to enhanced modeling capability and improved solution methods for integer and combinatorial optimization. Egon Balas is University Professor and Lord Professor of Operations Research at Carnegie Mellon University's Tepper School of Business.

COVID-19 Disinformation: A Multi-National, Whole of Society Perspective (Hardcover, 1st ed. 2022): Ritu Gill, Rebecca Goolsby COVID-19 Disinformation: A Multi-National, Whole of Society Perspective (Hardcover, 1st ed. 2022)
Ritu Gill, Rebecca Goolsby
R2,892 Discovery Miles 28 920 Ships in 18 - 22 working days

The COVID-19 pandemic is not only a threat to our health and economy, but also has strong implications for defence and security. Indeed, defence leaders have highlighted a second fight surrounding the spread of COVID-19, namely disinformation and preparing to face adversaries willing to exploit the public health crisis for nefarious purposes. The current pandemic is a breeding ground for the propagation of disinformation, as it represents the first major global health event in which large social media platforms have become the main distributor of information. This multi-national edited volume consists of contributions from Defence Science, academia and industry, including NATO Headquarters, United States, Netherlands, Singapore, United Kingdom and Norway. The content is aimed at a diverse audience, including NATO members, researchers from defence and security organizations, academics, and militaries including analysts and practitioners, as well as policy makers. This volume focuses on various aspects of COVID-19 disinformation, including identifying global dominant disinformation narratives and the methods used to spread disinformation, examining COVID-19 disinformation within the broader context of the cognitive domain, examining the psychological effects of COVID-19 disinformation and COVID-19 disinformation on instant messaging platforms, along with examining various countermeasures to disinformation.

Backward Stochastic Differential Equations - From Linear to Fully Nonlinear Theory (Hardcover, 1st ed. 2017): Jianfeng Zhang Backward Stochastic Differential Equations - From Linear to Fully Nonlinear Theory (Hardcover, 1st ed. 2017)
Jianfeng Zhang
R3,191 Discovery Miles 31 910 Ships in 10 - 15 working days

This book provides a systematic and accessible approach to stochastic differential equations, backward stochastic differential equations, and their connection with partial differential equations, as well as the recent development of the fully nonlinear theory, including nonlinear expectation, second order backward stochastic differential equations, and path dependent partial differential equations. Their main applications and numerical algorithms, as well as many exercises, are included. The book focuses on ideas and clarity, with most results having been solved from scratch and most theories being motivated from applications. It can be considered a starting point for junior researchers in the field, and can serve as a textbook for a two-semester graduate course in probability theory and stochastic analysis. It is also accessible for graduate students majoring in financial engineering.

Efficient Auction Games - Theories, Algorithms and Applications in Smart Grids & Electric Vehicle Charging (Hardcover, 1st ed.... Efficient Auction Games - Theories, Algorithms and Applications in Smart Grids & Electric Vehicle Charging (Hardcover, 1st ed. 2020)
Zhongjing Ma, Suli Zou
R2,675 Discovery Miles 26 750 Ships in 18 - 22 working days

This book focuses on the design of efficient & dynamic methods to allocate divisible resources under various auction mechanisms, discussing their applications in power & microgrid systems and the V2G & EV charging coordination problems in smart grids. It describes the design of dynamic methods for single-sided and double-sided auction games and presents a number of simulation cases verifying the performances of the proposed algorithms in terms of efficiency, convergence and computational complexity. Further, it explores the performances of certain auction mechanisms in a hierarchical structure and with large-scale agents, as well as the auction mechanisms for the efficient allocation of multi-type resources. Lastly, it generalizes the main and demonstrates their application in smart grids. This book is a valuable resource for researchers, engineers, and graduate students in the fields of optimization, game theory, auction mechanisms and smart grids interested in designing dynamic auction mechanisms to implement optimal allocation of divisible resources, especially electricity and other types of energy in smart grids.

Stochastic Game Strategies and their Applications (Paperback): Bor-Sen Chen Stochastic Game Strategies and their Applications (Paperback)
Bor-Sen Chen
R1,539 Discovery Miles 15 390 Ships in 10 - 15 working days

Game theory involves multi-person decision making and differential dynamic game theory has been widely applied to n-person decision making problems, which are stimulated by a vast number of applications. This book addresses the gap to discuss general stochastic n-person noncooperative and cooperative game theory with wide applications to control systems, signal processing systems, communication systems, managements, financial systems, and biological systems. H8 game strategy, n-person cooperative and noncooperative game strategy are discussed for linear and nonlinear stochastic systems along with some computational algorithms developed to efficiently solve these game strategies.

Introduction to the Mathematics of Finance - Arbitrage and Option Pricing (Hardcover, 2nd ed. 2012): Steven Roman Introduction to the Mathematics of Finance - Arbitrage and Option Pricing (Hardcover, 2nd ed. 2012)
Steven Roman
R1,774 Discovery Miles 17 740 Ships in 18 - 22 working days

The Mathematics of Finance has been a hot topic ever since the discovery of the Black-Scholes option pricing formulas in 1973. Unfortunately, there are very few undergraduate textbooks in this area. This book is specifically written for advanced undergraduate or beginning graduate students in mathematics, finance or economics. This book concentrates on discrete derivative pricing models, culminating in a careful and complete derivation of the Black-Scholes option pricing formulas as a limiting case of the Cox-Ross-Rubinstein discrete model.

This second edition is a complete rewrite of the first edition with significant changes to the topic organization, thus making the book flow much more smoothly. Several topics have been expanded such as the discussions of options, including the history of options, and pricing nonattainable alternatives. In this edition the material on probability has been condensed into fewer chapters, and the material on the capital asset pricing model has been removed.

The mathematics is not watered down, but it is appropriate for the intended audience. Previous knowledge of measure theory is not needed and only a small amount of linear algebra is required. All necessary probability theory is developed throughout the book on a "need-to-know" basis. No background in finance is required, since the book contains a chapter on options. "

Free Delivery
Pinterest Twitter Facebook Google+
You may like...
The Oxford Handbook of the Economics of…
Yann Bramoulle, Andrea Galeotti, … Hardcover R5,455 Discovery Miles 54 550
Game Theory Solutions for the Internet…
Sung-Wook Kim Hardcover R3,302 Discovery Miles 33 020
Hazardous Forecasts and Crisis Scenario…
Arnaud Clement-Grandcourt, Herve Fraysse Hardcover R2,151 Discovery Miles 21 510
Game Theory - Applications in Logistics…
Danijela Tuljak-Suban Hardcover R3,060 Discovery Miles 30 600
Game Theory Framework Applied to…
Chungang Yang, Jiandong Li Hardcover R5,980 Discovery Miles 59 800
Persuasive Gaming in Context
Teresa La Hera, Jeroen Jansz, … Hardcover R3,499 Discovery Miles 34 990
Novel Methods in Computational Finance
Matthias Ehrhardt, Michael Gunther, … Hardcover R4,405 Discovery Miles 44 050
Game Theory with Engineering…
Dario Bauso Paperback R2,445 R2,244 Discovery Miles 22 440
The History and Allure of Interactive…
Mark Kretzschmar, Sara Raffel Hardcover R3,010 Discovery Miles 30 100
Handbook of Experimental Game Theory
C. M. Capra, Rachel T. A. Croson, … Hardcover R7,224 Discovery Miles 72 240

 

Partners